The company has issued more shares over this period, which dilutes each existing shareholder’s stake.
Diluted shares outstanding: 11.9M (2021) → 57.5M (2025)
Atenor S.A. is a property developer focusing on substantial real estate undertakings throughout a number of European nations. Its activities encompass Belgium, Luxembourg, the Netherlands, France, Germany, Portugal, Poland, Hungary, and Romania. The company constructs a range of properties, including both commercial office buildings and residential units. Founded in 1910, Atenor S.A. maintains its headquarters in La Hulpe, Belgium.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
-26.3% YoY
YoY Growth Rate
Revenue declining
+26.8% YoY
YoY Growth Rate
EPS growth accelerating
€0/ year
0.0% of revenue
Below sector average (1%)
Research and development spending
Cash flow positive
€276M cash & investments
Quarterly Free Cash Flow
↑ Burn rate improving
Company generates more cash than it spends — no dilution risk from fundraising
Atenor S.A.'s revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.
Negative ROIC means the business is losing money on every dollar invested in it.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
